Louisville KY Short Sales

Many things have changed in the real estate market recently and it can be a bit intimidating for a buyer. But if you understand a few key concepts, you are can be in the driver’s seat for a great deal on your next property.  One type of property sale you definitely want to understand is the short sale. 

View all Short Sales Below

If you want a home in the Louisville area, a short sale might be the right way for you to go.  A short sale refers to a property sale that provides the lender with less money than currently owed by the borrower.  It’s an agreement between the seller (borrower) and his/her lender that can prevent the home from going to foreclosure.Louisville Short Sales

A short sale can provide you with a once in a lifetime opportunity to buy a home at a bargain price.  This might mean more square footage, a better location or higher quality construction than you might otherwise find.  There are some distinct advantages of a short sale over foreclosure too.

Short sale homes are often in better condition than foreclosures because the previous owner sought to sell before they defaulted. That often means they have done a better job maintaining their home until they listed the property too.

How can you ensure that the short sale property that interests you is in good condition? Make a successful home inspection by a reputable firm part of your offer on the home.  Be aware that the lender may be in too much of a hurry for this, but the purchase price will often be low enough to make your risk worthwhile.

If you want to purchase a home in this favorable market, a short sale may well get you much more house for your money. Know the risks. See professional advice and you may well be in your dream home before you know it.

These Louisville Short Sales are updated every day from the  Louisville KY MLS. If you would like more information on any of these Louisville Short Sales for sale, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new Short Sales come on the market.

14 Properties
Page 1 of 2
Under Contract
8703 Chelmer Ln Louisville, KY 40220
$175,000
Subdivision: Stony Brook Woods
3
Beds
3F11/2
Baths
2,470
Sq.Ft.
1998
Year Built
197
Days on Site
1521866
MLS
Back on the Market! Short Sale. Third party approval required. Water cannot be turned on prior to closing. Home needs TLC, but could be the perfect home for the handy buyer or sophisticated investor....
Under Contract
375 Wood Valley Ln Louisville, KY 40299
$175,000
Subdivision: Dawson Hill Estate
4
Beds
3F11/2
Baths
3,824
Sq.Ft.
2001
Year Built
127
Days on Site
1526734
MLS
SHORT SALE. Investor alert! Fix and flip, or great for construction-oriented homeowner. This is a big project. Check ALL the photos.Like a vacation home in the woods! 4 bedrooms, 3.5 baths, finished...
Under Contract
7505 Revolutionary Ct Louisville, KY 40214
$135,000
Subdivision: Yorktown
3
Beds
1F11/2
Baths
1,807
Sq.Ft.
1968
Year Built
23
Days on Site
1536016
MLS
**SHORT SALE. Will require Lender Approval** Spacious, 3 Bedroom, 2 Full Bath, 1 Half Bath home. The Living Room is open to the Dining Area which is great for entertaining. Easy access from the...
$132,000
Subdivision: Midland Estates
3
Beds
2
Baths
1,227
Sq.Ft.
2008
Year Built
19
Days on Site
1536411
MLS
SHORT SALE A l3 bedroom, 2 bathroom home that needs. little TLC. This house offers a nice an open floor plan with 1 bedroom on main floor and two upstairs. Full baths on both levels. Shed does...
Under Contract
7308 Tangelo Dr Louisville, KY 40228
$114,900
Subdivision: Fegenbush Meadow
3
Beds
1F11/2
Baths
1,775
Sq.Ft.
1962
Year Built
94
Days on Site
1529557
MLS
Short Sale in great neighborhood. Living room and eat-in kitchen have wood floors and are on the main level. Family room and half bath are on lower level with laundry. Bedrooms and a full bath are on...
Under Contract
407 Newton St Midway, KY 40347
3
Beds
1
Baths
1,413
Sq.Ft.
1982
Year Built
196
Days on Site
1522012
MLS
**Short Sale**. Located in the Heart of Horse Country here in Historic Midway Kentucky. This home showcases 3 bedrooms, 1 bath, an eat-in kitchen, Living room, den and a bonus room that could be...
Under Contract
4116 Norene Ln Louisville, KY 40219
$99,000
Subdivision: Beverly Manor
3
Beds
1F11/2
Baths
1,763
Sq.Ft.
1959
Year Built
64
Days on Site
1532358
MLS
PLEASE USE CAUTION WHEN ENTERING THERE IS TRASH & JUNK THROUGHOUT PROPERTY & A CAT THAT STILL LIVES IN THEPROPERTY . Possible short sale being sold as is with no repairs being made. Utilities are...
Under Contract
6700 Kings Falls Ct Louisville, KY 40229
$93,000
Subdivision: Park Lake Village
3
Beds
2
Baths
1,635
Sq.Ft.
1996
Year Built
61
Days on Site
1532530
MLS
Short sale sold as is. Great opportunity to purchase this 3 bedroom 2 bathroom ranch with partially finished walkout basement. Spacious living area with fireplace. Appliances to remain. Lovely...
$75,000
Subdivision: Garden Park
3
Beds
1
Baths
1,288
Sq.Ft.
1972
Year Built
50
Days on Site
1533573
MLS
UPDATE!!! Attention investors! This 3 bed, 1 bath all brick ranch on a corner lot would make a perfect flip or rental property! Fenced in back yard and a Huge oversized garage/shop are the pride of...
Under Contract
4613 Frel Rd Louisville, KY 40272
$50,000
Subdivision: Bee Lick Creek
3
Beds
1
Baths
1,008
Sq.Ft.
1977
Year Built
19
Days on Site
1536384
MLS
Short Sale. Sold AS-IS.
2
Beds
1
Baths
1,112
Sq.Ft.
1918
Year Built
101
Days on Site
1528870
MLS
LARGE FRONT PORCH, UNFINISHED BASEMENT, 2 CAR DETACHED GARAGE. THIS IS SHORT SALE AND SUBJECT TO BANKS APPROVAL AND MAY TAKE SEVERAL MONTHS
2
Beds
1
Baths
1,096
Sq.Ft.
1900
Year Built
64
Days on Site
1532424
MLS
Short sale, sold''as-is'', subject to Third Party approval. Remodeled in 2008; drywall, electrical and plumbing, kitchen, bath. Note: ''This property is to be placed in an upcoming auction. All bids...
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